I have a couple of rental properties now that my son manages and I pay him for that, but not sure what the correct legal way to do that- do I send him a 1099 for work performed? We are also looking to expand with him ...

We are a real estate development company. We like buying off market properties because there is much less pressure of competing offers and timelines. We are a legitimate buyer (not like those people that want to pay y...

I'm considering selling a property to a family member below current market value.  For the purpose of determining potential capital gains/losses, I need to establish a fair market value that will hold up to IRS standa...

Hello everyone,I have a foreign entity that owns a SFR and I also have a local entity. I have intentions of selling the property in the foreign entity and I want to do a 1031 exchange but ideally, I will like to trans...

So once again I'm looking at the proposed tax assessment of my South Minneapolis Duplex and for 2019 they have gone up once again, but this time 20%.  I've owned the property since 2014 and the taxes have gone up from...

Greetings:
Question for you all. 
Do any of you have more than one LLC company where one company hires and pays your other company for management/admin/reporting?
Is that OK to do?
I own two rental LLCs (with part...

After my first year of doing a couple BRRRRs, I'm trying to wrap my head around the money we pull out via refi. Is it accurate to say that the money put into the rehab considered an expense (i.e. painting, new fixture...

Is it wise to invest in a high tax area? 

I have read articles that say you can file your real estate investment as a business, but two CPAs I have spoken with say no. Does anyone here file as a business? I have one long term rental. I have spent many many ho...

I’m a new real estate agent in NorCal with 22k in commissions in my first 3 months.Any recommendations on how to reduce my tax liability at the end of the year? What are some good write-offs?